On this week’s CROPLAN Managing for Profit, Winfield United Seed Product Manager Andy Dickes explains how learning to fine-tune planting populations can help ensure farmers have the right environment for seed to reach its genetic potential.

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- December corn $6.93 unchanged

- November soybeans $13.96 up $0.1975

- December soybean meal $414.30 up $8.30

- December soybean oil 65.59 up 12 points

- December Chicago wheat $8.8225 down $0.1875

- December live cattle $148.45 down $0.12

- December lean hogs $80.70 up $1.17

Find more agriculture news at: brownfieldagnews.com

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Variable weather throughout the growing season could lead to inconsistent yields this harvest.

In this Managing for Profit, Channel Technical agronomist Matthew Nelson provides a general outlook for corn harvest and has a few reminders for growers this fall.

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- December corn $6.93 down $0.0525

- November soybeans $13.7625 up $0.0225

- December soybean meal $406.00 up $0.30

- December soybean oil $65.47 down 59 points

- December Chicago wheat $9.01 down $0.37

- December live cattle $148.57 up $1.57

- December lean hogs $79.52 down $0.07

Find more agriculture news at: brownfieldagnews.com

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Market recap (changes on week):

- December corn up $.18 at $6.98

- November soybeans down $.04 at $13.70

- December soybean oil up 1.63 cents at 65.01 cents/lb

- December soybean meal up $.90 at $406.20/short ton

- December wheat up $.14 at $9.26

- July wheat up $.19 at $9.30

Weekly highlights:

- Ethanol production rebounded some last week -up 10 million gallons after falling to the lowest output since the winter storm that hit Texas early in 2021.

- Export sales of US feed grains and oilseeds came down from the relatively strong week the week prior. Corn, soybeans, soybean meal, soybean oil, grain sorghum, and wheat were all down week over week. Corn fell below all pre-report trade expectations.

- Open interest futures and options positions of Chicago wheat were flat on the week, corn future and option positions were up 2% (flat over two weeks) while soybean position were down 2% week over week (also flat over two weeks). Managed money futures and options positions increased for feed grains due to Ukraine/Russia news- up 711 contracts for Chicago wheat, and up 5,874 net contracts for Chicago corn. Chicago soybean managed money positions fell 17,343- making that a decrease of 34,639 positions over three weeks.

- Private production estimates of US corn and soybean crops are pointing to a reversal of trends over the past couple months with soybean production shrinking and corn production increasing.

Find more agriculture news at: brownfieldagnews.com

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Investment in innovative uses for corn is finding sustainable replacements to everyday petroleum products. Sarah McKay, director of market development for the National Corn Growers Association, explains efforts underway.

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Iowa Corn Growers Association Board Chairman Lance Lillibridge says because of the value the Iowa Corn staff provides, his membership in the Association is the best return on investment he has on his farm.

And he tells Brownfield being a member ensures he has a seat at the table when issues affecting his operation are being discussed.

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Farmers checkoff dollars are put towards funding research to build better farm programs for Illinois corn growers. This week, University of Illinois ag economist Gary Schnitkey highlights research being done to improve crop insurance, farm programs and on-farm conservation and how farmers and organizations utilize the research to lobby for changes in DC.

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Wyatt Davis was nominated as a Beck’s Player with Heart for his commitment and passion on and off the field. Wyatt’s favorite part of high school football is the bond that is created with his teammates. Football has taught him to become a leader, teamwork and to do his job to the best of his ability. To Wyatt agriculture means helping the world. Every job is related to agriculture either directly or indirectly and there would not be anything without it. He is involved in FFA, DARE, class treasurer, football, and church. Once Wyatt graduates, he plans to attend Southwest Technical college and major in agri-business. After college he plans to come back to his family dairy farm. 

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Will Brattlie was nominated as a Beck’s Player with Heart for his commitment and passion on and off the field. His favorite part about high school sports is being able to hang out with his friends while doing what he loves most. He has learned many life skills that will be with him forever. To Will agriculture means a lot and has opened his eyes to a whole new world. There is so much work that goes unnoticed by others outside of the agriculture world such as the amount of work that goes into providing for the world. Will is involved in football, wrestling, baseball, the school musical, and 4-H. Once he graduates Will wants to become a diesel mechanic or welder as well as working on the farm. 

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